Given i(4) = 3.150%, find the equivalent effective bi-weekly rate. O a. 0.11592% O b. 0.11954% O c. 0.10988% O d. 0.12075% O e. 0.11351% Certainty✪ : OC=1 (Unsure: <67%) OC=2 (Mid: >67%) OC=3 (Quite sure: >80%)

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter5: Completing The Accounting Cycle
Section: Chapter Questions
Problem 15MC: If current assets are $112,000 and current liabilities are $56,000, what is the current ratio? A....
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8) the math of interest. please indicate if you are unsure or totally sure about the answer

Given i(4) = 3.150%, find the equivalent effective bi-weekly rate.
0.11592%
O b. 0.11954%
a.
C. 0.10988%
O d. 0.12075%
e.
0.11351%
Certainty OC=1 (Unsure: <67%) OC=2 (Mid: >67%) OC=3 (Quite sure: >80%)
Transcribed Image Text:Given i(4) = 3.150%, find the equivalent effective bi-weekly rate. 0.11592% O b. 0.11954% a. C. 0.10988% O d. 0.12075% e. 0.11351% Certainty OC=1 (Unsure: <67%) OC=2 (Mid: >67%) OC=3 (Quite sure: >80%)
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